1st Source (NASDAQ:SRCE) Downgraded by Zacks Research to Hold
Zacks Research downgraded 1st Source (NASDAQ:SRCE) from a "strong-buy" to a "hold" rating, contributing to a consensus "Hold" rating among analysts. The company recently reported quarterly EPS of $1.95 and revenue of $118.16 million, both exceeding expectations. Institutional investors hold a significant portion of the shares, while a recent insider transaction saw the CFO sell 500 shares.
1st Source (SRCE) Stock Could Be 33% Below Fair Value On Excess Returns
This article analyzes 1st Source (SRCE) stock using an Excess Returns model, suggesting it could be significantly undervalued. Despite a strong share price performance over the past three years, the analysis indicates that the bank's estimated intrinsic value is substantially higher than its current share price of $85.81, driven by its profitability above the required return on equity. The piece emphasizes the importance of evaluating a company's capital allocation and future earnings potential to justify its valuation.
1st Source (NASDAQ:SRCE) Share Price Crosses Above 200 Day Moving Average - Should You Sell?
1st Source (NASDAQ:SRCE) shares recently crossed above their 200-day moving average, trading at $85.81 against an average of $78.37. The company boasts a "Moderate Buy" consensus rating from analysts with an average price target of $89.67, driven by strong quarterly earnings of $1.95 EPS and an increased quarterly dividend of $0.45 per share. Insider selling activity was noted, with CFO Brett Bauer selling 500 shares, while institutional investors significantly increased their positions.
1st Source (SRCE): Buy, Sell, or Hold Post Q2 Earnings?
1st Source (SRCE) has seen a significant return of 26.1% over the past six months, outperforming the S&P 500, with its stock price reaching $85.89. The article highlights the company's increasing net interest margin and growing tangible book value per share as positives. However, it also points out slower net interest income growth compared to the broader banking industry as a concern.
1st Source (SRCE): Buy, Sell, or Hold Post Q2 Earnings?
1st Source (SRCE) has seen a significant stock price increase and outperformance against the S&P 500, partly due to strong Q2 earnings. The article examines the regional bank's strengths, such as increasing net interest margin and growing tangible book value per share, and a concern regarding soft demand indicated by its net interest income growth. Despite some flaws, the article suggests that the company's merits outweigh them, implying it might be a good time for investors to consider their position.
Dividend Growth Might Change The Case For Investing In 1st Source Stock (SRCE)
1st Source Corporation (SRCE) has increased its dividend by 18.4% to $0.45 per share, reflecting consistent growth and analyst expectations of 13.26% earnings growth in 2026. While the dividend bump signals confidence in current operations, the article suggests it's additive rather than transformational for the investment narrative. Key factors like credit quality, loan demand, and funding costs remain crucial for the regional bank.
Legal & General Group Plc Takes $1.31 Million Position in 1st Source Corporation $SRCE
Legal & General Group Plc has acquired a new position of 16,125 shares, valued at approximately $1.31 million, in 1st Source Corporation, representing a 0.07% stake. This comes as 1st Source exceeded quarterly earnings expectations, reporting $1.95 EPS against a $1.71 consensus, and raised its quarterly dividend from $0.43 to $0.45 per share. Analysts maintain a "Moderate Buy" rating with an average price target of $89.67 for the company.
Bank of New York Mellon Corp Makes New Investment in 1st Source Corporation $SRCE
Bank of New York Mellon Corp has made a new investment in 1st Source Corporation, acquiring over 105,000 shares valued at approximately $8.6 million. This move positions Bank of New York Mellon with a 0.44% stake in 1st Source, which recently exceeded quarterly earnings expectations and raised its dividend. Other institutional investors have also adjusted their holdings in 1st Source, which has an average analyst rating of "Moderate Buy."
1ST Source Bank Invests $7.40 Million in International Business Machines Corporation $IBM
1ST Source Bank recently invested $7.40 million in International Business Machines (IBM), acquiring 26,322 shares in the second quarter. Despite meeting earnings expectations, IBM's revenue fell short of forecasts, and its stock is trading below key moving averages. Analyst sentiment remains a "Moderate Buy" with a consensus price target of $265.90, though concerns about AI disruption, pricing pressure, a revenue miss, and a securities-fraud investigation persist.
Canada Pension Plan Investment Board Takes Position in 1st Source Corporation $SRCE
The Canada Pension Plan Investment Board has acquired a new stake of 13,800 shares in 1st Source Corporation, valued at $1.13 million, representing a 0.06% ownership. This move comes as 1st Source outperformed Q2 earnings expectations, reporting $1.95 EPS against an estimated $1.71, and increased its quarterly dividend to $0.45 per share. Analyst sentiment remains positive with a "Moderate Buy" consensus and an average price target of $89.67.
Hsbc Holdings PLC Invests $2.54 Million in 1st Source Corporation $SRCE
HSBC Holdings PLC has acquired a new stake of 30,996 shares, valued at $2.54 million, in 1st Source Corporation, representing a 0.13% ownership. This comes as 1st Source reported strong Q2 earnings, beating analyst expectations with $1.95 EPS and increased its quarterly dividend to $0.45. Analysts maintain a "Moderate Buy" rating for SRCE with an average price target of $89.67.
Empowered Funds LLC Takes Position in 1st Source Corporation $SRCE
Empowered Funds LLC has acquired a new stake in 1st Source Corporation (NASDAQ:SRCE), purchasing 112,609 shares valued at approximately $9.2 million, representing a 0.47% ownership. This move comes as 1st Source outperformed quarterly earnings estimates, reporting $1.95 EPS against a $1.71 consensus and raising its quarterly dividend to $0.45. Analysts maintain a "Moderate Buy" rating with an average price target of $89.67, with Piper Sandler recently raising its target to $100.
BlackRock Inc. Makes New $166.35 Million Investment in 1st Source Corporation $SRCE
BlackRock Inc. has made a significant new investment in 1st Source Corporation, acquiring over 2 million shares valued at approximately $166.35 million, representing an 8.47% stake. This move highlights institutional confidence, as 74.45% of the company's stock is now held by such investors. The investment follows 1st Source's strong financial performance, including exceeding earnings expectations and increasing its quarterly dividend.
19,839 Shares in 1st Source Corporation $SRCE Bought by Deutsche Bank AG
Deutsche Bank AG recently acquired 19,839 shares of 1st Source Corporation (NASDAQ:SRCE) worth approximately $1.62 million in the second quarter. This move comes as institutional investors now hold 74.45% of the company's stock, following positive financial results where 1st Source exceeded earnings and revenue estimates and increased its quarterly dividend. The company maintains a "Moderate Buy" consensus rating from analysts with an average target price of $89.67.
Jupiter Topco LLC Buys New Position in 1st Source Corporation $SRCE
Jupiter Topco LLC has acquired a significant new stake in 1st Source Corporation, purchasing 481,186 shares valued at approximately $39.3 million, representing about 2% of the company. Other institutional investors like BlackRock Inc. and Vanguard Group Inc. have also adjusted their holdings. The financial services provider reported strong Q2 earnings, exceeding analyst estimates for both EPS and revenue, and increased its quarterly dividend.
The Manufacturers Life Insurance Company Invests $19.32 Million in 1st Source Corporation $SRCE
The Manufacturers Life Insurance Company acquired 236,806 shares of 1st Source Corporation (NASDAQ:SRCE) in the second quarter, valued at approximately $19.32 million. This investment represents about 0.98% of the company, with institutional investors collectively owning 74.45% of the stock. 1st Source Corporation has shown strong financial performance, exceeding earnings expectations and raising its quarterly dividend.
Why 1st Source (SRCE) is a Top Dividend Stock for Your Portfolio
1st Source (SRCE) is highlighted as a top dividend stock due to its consistent dividend growth and attractive dividend yield. The company currently offers a 2.1% dividend yield with a payout ratio of 25%, and its annualized dividend of $1.80 is up 18.4% from last year. With a Zacks Rank of #2 (Buy) and projected earnings growth of 13.26% for 2026, SRCE presents a compelling investment opportunity for income-focused investors.
1ST Source Bank Invests $3.34 Million in Starbucks Corporation $SBUX
1ST Source Bank has acquired a new position in Starbucks Corporation, investing approximately $3.34 million for 32,644 shares. This move is part of a broader trend of institutional investors increasing their holdings in SBUX, despite challenges like corporate restructuring, job cuts, and difficulties in the Chinese market. Starbucks recently reported strong Q2 earnings, beating analyst expectations, and announced a quarterly dividend of $0.62 per share.
If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity
This article examines the earnings per share (EPS) growth of 1st Source Corporation (NASDAQ:SRCE) over the past five years, noting a positive trend despite some challenges. It highlights the company's solid balance sheet and future growth prospects based on analyst expectations, suggesting it could be an attractive option for investors prioritizing EPS growth.
Denali Advisors LLC Sells 38,700 Shares of 1st Source Corporation $SRCE
Denali Advisors LLC significantly reduced its stake in 1st Source Corporation (SRCE) by selling 38,700 shares, though it still retains 80,900 shares valued at $6.6 million. Despite this sale, institutional investors hold a substantial 74.45% of the company's stock. The financial services provider reported strong Q2 earnings, beating analyst estimates for both EPS and revenue, and also increased its quarterly dividend.
Local 3rd Graders Visit 1st Source Hebron Banking Center
Five third-grade classes visited the 1st Source Hebron Banking Center for a behind-the-scenes tour. Students learned about safety, security, and the importance of saving, including a demonstration where saving a sucker earned them a second one. The visit aimed to educate young students on financial literacy in an engaging way.
A Look Back at Regional Banks Stocks’ Q2 Earnings: 1st Source (NASDAQ:SRCE) Vs The Rest Of The Pack
The article reviews the Q2 earnings season for regional banks, highlighting 1st Source (NASDAQ:SRCE) and its peers. It discusses the mixed performance of 95 regional bank stocks, noting that revenues were generally in line with analyst estimates, leading to an average share price increase of 3.3%. The piece details the individual results of top performers like OFG Bancorp and UMB Financial, as well as the weakest, Banc of California, providing specific revenue figures and stock performance.
1ST Source Bank Invests $416.95 Million in 1st Source Corporation $SRCE
1ST Source Bank has significantly increased its stake in 1st Source Corporation (NASDAQ:SRCE), acquiring over 5.11 million shares valued at approximately $416.95 million. This purchase makes SRCE the bank's second-largest holding, representing about 21.22% ownership. Analysts maintain a "Moderate Buy" rating for SRCE with an average price target of $89.67, following strong quarterly earnings and an increased quarterly dividend.
A Look Back at Regional Banks Stocks’ Q2 Earnings: 1st Source (NASDAQ:SRCE) Vs The Rest Of The Pack
This article reviews the Q2 earnings season for regional banks, highlighting 1st Source (SRCE) as a strong performer. It also details the performance of OFG Bancorp (OFG) and UMB Financial (UMBF) as strong, Banc of California (BANC) as the weakest, and Butterfield Bank (NTB) with mixed results. The overall sector saw mixed revenues but share prices held steady post-earnings.
Insider Selling: 1st Source (NASDAQ:SRCE) CFO Sells $43,945.00 in Stock
1st Source Corporation's (NASDAQ:SRCE) CFO, Brett Bauer, sold 500 shares of company stock for $43,945.00 on August 10th, reducing his direct ownership by 1.6%. Despite this insider sale and a slight dip in stock price, the company reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Analysts maintain a "Moderate Buy" consensus rating for SRCE with an average price target of $89.67.
1ST SOURCE CORP (SRCE) CFO Brett Bauer sells 500 shares at $87.89
1ST SOURCE CORP's Treasurer and CFO, Brett A. Bauer, reported selling 500 shares of common stock at $87.89 per share on August 10, 2026. Following this transaction, Bauer directly holds 30,706 shares and indirectly holds 3,024 shares through a 401(k) plan. The sale amounted to approximately $44,000 and was classified as an open market or private transaction.
1st Source releases Q2 2026 investor presentation highlighting $9.3B assets, $7.23B loans, strong capital
1st Source (SRCE) released its Q2 2026 investor presentation, showcasing its financial strength with $9.3 billion in total assets and $7.23 billion in loans and leases. The company reported a strong capital position, including a tangible common equity-to-tangible assets ratio of 13.36%, alongside a net income of $88 million and a diluted EPS of $3.58 year-to-date for 2026. The presentation also highlighted its significant involvement in renewable energy financing, with over $741 million in loans and leases outstanding.
1st Source Corp (SRCE) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for 1st Source Corp (SRCE), indicating a current earnings forecast score of 6.67 and an average price target of $69.00 based on 3 analysts who currently rate the stock as "Hold". Key financial expectations include an anticipated revenue of $118.32 million for the next quarter and an EPS forecast of $1.83, following a previous quarter's EPS of $1.63 against an expectation of $1.95.
How Stronger Earnings and a Higher Dividend At 1st Source (SRCE) Has Changed Its Investment Story
1st Source Corporation (SRCE) reported strong Q2 2026 results with increased net interest income and net income, leading to a higher quarterly dividend of US$0.45 per share. This performance reinforces the bank's conservative investment narrative, focusing on consistent earnings and capital returns, despite market opinions on fair value varying significantly. The improved earnings and dividend signal management confidence, though core risks like credit quality and funding costs remain relevant.
1st Source Corp (SRCE) director receives 155-share common stock grant
1st Source Corp director Tracy D. Graham reported a Form 4 transaction, receiving a grant of 155 shares of Common Stock on August 4, 2026, at $89.76 per share. This acquisition increased his direct holdings to 13,650 shares. The transaction was not executed under a Rule 10b5-1 trading plan.
1st Source Corp (SRCE) director granted 178-share stock award
Ronda Shrewsbury, a director at 1st Source Corp (SRCE), was granted 178 shares of common stock on August 4, 2026, at a price of $89.76 per share. This transaction increased her direct holdings to 14,641 shares. The filing, a Form 4, indicates a neutral impact and sentiment on the stock.
1st Source Corp (SRCE) director receives 155-share stock award
1st Source Corp director Todd F. Schurz was awarded 155 shares of common stock on August 4, 2026, at a price of $89.76 per share. Following this transaction, Schurz directly holds 15,966 shares of the company's common stock. This stock grant was a compensation-related acquisition rather than an open-market purchase.
How Stronger Earnings and a Higher Dividend At 1st Source (SRCE) Has Changed Its Investment Story
1st Source Corporation (SRCE) reported strong second-quarter results in July 2026, with increased net interest income and net income, leading to a higher quarterly dividend of US$0.45 per share. This dividend increase, coupled with lower net charge-offs, reinforces the bank's investment narrative of disciplined management and consistent earnings. While the shares might be trading above fair value, the recent performance provides a clearer context for assessing future risks and opportunities.
1st Source (SRCE) Could Be 42% Undervalued After Strong Earnings And A Dividend Rise
1st Source (SRCE) recently reported strong Q2 2026 earnings, including higher net interest income, net income, and a dividend increase, leading to significant stock price growth. While its P/E ratio suggests it's slightly overvalued compared to the broader US banks sector, a Discounted Cash Flow (DCF) model indicates a potential undervaluation of up to 42%. The article advises investors to review the underlying data given these mixed valuation signals.
1st Source releases Q2 2026 investor presentation highlighting $9.3B assets, $7.23B loans, strong capital
1st Source (SRCE) has released its Q2 2026 investor presentation, showcasing its financial strength. The bank reported $9.3 billion in assets, $7.23 billion in loans and leases, and strong capital ratios. Key financial figures include $88 million in net income and a diluted EPS of $3.58 for the year-to-date 2026.
1st Source Corporation (NASDAQ: SRCE) grows 2026 YTD earnings and net interest margin
1st Source Corporation (NASDAQ: SRCE) has reported strong year-to-date growth in earnings and net interest margin for 2026, driven by an increase in net interest income and a growing loan portfolio. The community bank, with $9.3 billion in assets, demonstrated solid capital ratios and conservative asset quality metrics. The filing, an 8-K investor presentation, provided financial details including net income of $88 million YTD and a net interest margin of 4.24%, along with information on loan growth and shareholder returns.
1st Source (SRCE) Could Be 42% Undervalued After Strong Earnings And A Dividend Rise
1st Source (SRCE) has reported strong second-quarter 2026 earnings, including higher net interest income and net income, a dividend increase, and reduced net charge-offs. Despite a mixed valuation picture where its P/E ratio is slightly above the US banks sector average, Simply Wall St's discounted cash flow (DCF) model suggests the stock might be significantly undervalued by 42%. The article advises investors to review underlying data and consider potential risks like slowing loan demand.
1st Source Corporation $SRCE Shares Purchased by Janus Henderson Group PLC
Janus Henderson Group PLC increased its stake in 1st Source Corporation (NASDAQ:SRCE) by 37.4% in the first quarter, owning 460,422 shares valued at $31.9 million. Institutional investors collectively own 74.45% of the company, which recently exceeded earnings expectations and raised its quarterly dividend. Analysts maintain a "Moderate Buy" rating with a consensus target price of $89.67.
Edgestream Partners L.P. Buys 29,732 Shares of 1st Source Corporation $SRCE
Edgestream Partners L.P. significantly increased its stake in 1st Source Corporation (NASDAQ:SRCE) by 226.9% in the first quarter, purchasing 29,732 additional shares, bringing their total holdings to 42,833 shares valued at approximately $2.96 million. Institutional investors now collectively own 74.45% of the company. The company also reported strong quarterly earnings, beating analyst expectations, and raised its quarterly dividend to $0.45 per share, representing a 2.0% yield.
23,524 Shares in 1st Source Corporation $SRCE Purchased by Principal Financial Group Inc.
Principal Financial Group Inc. has acquired 23,524 shares of 1st Source Corporation (NASDAQ:SRCE) during the first quarter, valued at approximately $1.63 million. This purchase represents about 0.10% of the company, with institutional investors now owning 74.45% of the stock. 1st Source recently exceeded quarterly earnings expectations and increased its quarterly dividend to $0.45 per share.
SRCE|1st Source Corp|Price:89.760|Chg%:-0.540
This article provides a comprehensive stock analysis of 1st Source Corp (SRCE), highlighting its strong fundamentals, high growth potential, and fair valuation within the Banking Services industry. It notes a very high institutional ownership and a "Hold" rating from multiple analysts. The analysis also details the company's strengths, such as consistent revenue and profit growth, stable high dividends, and its diversified financial services offerings.
1st Source (NASDAQ:SRCE) Upgraded at Zacks Research
Zacks Research has upgraded 1st Source (NASDAQ:SRCE) to a "strong buy" rating. This upgrade follows a positive earnings report where the company surpassed analyst estimates for both EPS ($1.95 vs $1.71) and revenue ($118
SRCE|1st Source Corp|Price:90.430|Chg%:-0.190
This article provides a detailed analysis of 1st Source Corp (SRCE) stock, highlighting its current market trends, real-time quotes, and related analysis. It covers key financial figures, insights into its fundamentals and valuation, analyst ratings, and technical indicators. The company is noted for its healthy fundamentals, high growth potential, and high institutional ownership, with a current "Hold" rating from analysts.
D.A. Davidson Maintains 1st Source Corp.(SRCE.US) With Hold Rating, Raises Target Price to $87
D.A. Davidson has reiterated a Hold rating on 1st Source Corp. (SRCE.US) and increased its price target to $87. This adjustment reflects the firm's updated outlook on the company's valuation.
1ST SOURCE CORP : PIPER SANDLER RAISES TARGET PRICE TO $100 FROM $88
Piper Sandler has increased its target price for 1st Source Corp (NASDAQ:SRCE) shares to $100, up from the previous target of $88. This adjustment indicates a more optimistic outlook from the firm regarding the company's future stock performance.
1st Source Corp (SRCE) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis for 1st Source Corp (SRCE), noting its current valuation score of 8.43, ranking 151 out of 394 in the Banking Services industry. The P/E ratio stands at 13.90, which is at its recent high and significantly above its recent low. However, key P/B, P/S, and P/CF data have not yet been disclosed by the company.
1st Source (SRCE) Lifts Earnings And Dividend, Is The Valuation Still Attractive?
1st Source (SRCE) recently reported strong Q2 2026 earnings, including higher net interest income and net income, and increased its quarterly dividend. The stock has seen significant short-term and long-term gains, prompting questions about its current valuation. While its P/E ratio of 12.3x is slightly above the US banks industry average, it trades at a significant discount to an estimated fair value of $129.79 based on a Discounted Cash Flow (DCF) model.
1st Source Bank Business Banker Karolina Dragulski creates support, connection, and success for business owners
Karolina Dragulski, a business banker at 1st Source Bank for over a year, works directly with businesses in Lake County and surrounding areas, helping them with financial decisions. She offers comprehensive solutions, supporting businesses through growth and hardship, and emphasizes the bank's community focus and local involvement. Dragulski finds deep fulfillment in her role, knowing her guidance positively impacts clients and the community.
Piper Sandler raises 1st Source stock price target on profitability
Piper Sandler has increased its price target for 1st Source Corp. (NASDAQ:SRCE) to $100 from $88, maintaining an Overweight rating, based on strong second-quarter results and increased earnings per share estimates for 2026 and 2027. The firm cited 1st Source's organic balance sheet growth, net interest margin resiliency, core fee income increases, and improved credit metrics as key drivers. This upgrade follows a solid performance where 1st Source surpassed earnings forecasts and demonstrated attractive valuation metrics.
1st Source (SRCE) Lifts Earnings And Dividend, Is The Valuation Still Attractive?
1st Source (SRCE) reported stronger Q2 earnings and a higher dividend, attracting investor attention. The stock has seen significant short-term and long-term gains, leading to questions about its current valuation. While its P/E ratio is slightly above the industry average, it trades at a discount compared to peers and an internal fair value estimate, suggesting potential for further upside despite some mixed signals.
